I'm in Investment Management, so I've just added this to my extensive rotation after reading this forum. I want to hear what they say about investments, capital gains, taxes, etc, so I can come up with a counter argument with clients. Within 2 minutes they debunked active management funds, so I'm already mad. Look people, passive is going to blow up and soon. Watch for the next correction and you'll see where active management is superior. All this free money and low interest rates makes passive look good, but the punch bowl is being taken away as we speak. Pick good active mutual funds (T. Rowe Price comes to mind, and no, I don't work for them). This Vanguard craze will end badly for people. One last point that is important. It is hard to find managers that create enough alpha to cover their fees. However, getting the asset allocation correct accounts for over 90% of your returns, hence hiring a qualified money manager (not a broker) who can help you get that right and take the emotion out of it.